Sage-Tips

What are Bulgaria major exports?

Bulgaria exports mostly fuels, manufactured goods (clothing, footwear), machinery and transport equipment and chemicals. Bulgaria’s main exports partners are Germany,Turkey, Italy, Greece and Romania.

What is Turkey’s greatest export?

cars
At the more granular four-digit Harmonized Tariff System (HTS) level, Turkey’s number 1 export product are cars followed by gold, automotive parts and accessories, trucks, jewelry then T-shirts. Turkey’s top 10 exports accounted for three-fifths (60.6\%) of the overall value of its global shipments.

What group has the largest share of trade with Turkey?

Trade picture The EU is by far Turkey’s largest import and export partner, as well as its main source of investments. In 2020, 33.4\% of Turkey’s imports came from the EU and 41.3\% of the country’s exports went to the EU. Total trade in goods between the EU and Turkey in 2020 amounted to €132.4 billion.

What is Turkey famous for producing?

Turkey is a major producer of wheat, sugar beets, milk, poultry, cotton, tomatoes, and other fruits and vegetables, and is the top producer in the world for apricots and hazelnuts.

What are the top 5 countries we export to?

The Top Countries Exporting to the U.S.

• China. Tariffs between the U.S. and China has impacted trade between the two countries, and yet China remains the biggest exporter to the U.S., with goods totaling $382.1 billion year-to-date as of the end of October 2019.
• Mexico.
• Japan.
• Germany.
• Vietnam.
• United Kingdom.
• Ireland.
• France.

What are countries biggest exports?

At a high level, it’s clear that the vast majority of exports are derived from natural resources….Simplifying World Trade.

Top Export (Category)	# of countries	\% of countries
Fuel	53	28.3\%
Metal, Mineral and Organic	50	26.7\%
Food and Produce	35	18.7\%
Transportation	24	12.8\%

Which country is bigger USA or Turkey?

United States is about 13 times bigger than Turkey. Turkey is approximately 783,562 sq km, while United States is approximately 9,833,517 sq km, making United States 1,155\% larger than Turkey. Meanwhile, the population of Turkey is ~82.0 million people (250.6 million more people live in United States).

Does Turkey import or export more?

U.S. goods and services trade with Turkey totaled an estimated $26.8 billion in 2019. Exports were $14.2 billion; imports were $12.6 billion.

What arebulgaria’s top 10 exports?

Bulgaria’s top 10 exports accounted for 53.2\% of the overall value of its global shipments. Copper was the fastest grower among the top 10 export categories, up by 15.9\% from 2019 to 2020. In second place for improving export sales was ores, slag and ash via a 11.8\% gain.

What is the economy like in Bulgaria?

Bulgaria, a former communist country that entered the EU in 2007, has an open economy that historically has demonstrated strong growth, but its per-capita income remains the lowest among EU members and its reliance on energy imports and foreign demand for its exports makes its growth sensitive to external market conditions.

How much did Bulgaria export in 2020?

The Republic of Bulgaria shipped US$31.8 billion worth of goods around the globe in 2020, expanding by 19\% since 2016 but down by -5\% from 2019 to 2020. Based on the average exchange rate for 2020, the Bulgarian lev appreciated by 2.9\% against the US dollar since 2016 and increased by 1.8\% from 2019 to 2020.

What are the biggest industries in Turkey?

In 2017 the GDP of Turkey was $851B and its GDP per capita was $26.5k. The top exports of Turkey are Cars ($13.2B), Gold ($6.96B), Delivery Trucks ($5.04B), Vehicle Parts ($4.64B) and Jewellery ($3.39B), using the 1992 revision of the HS (Harmonized System) classification.